Bolstering(संभालना) growth amid(के दौरान) risks
Even as it expects an improvement in the outlook for food inflation on the back of increased sowing and supply management measures undertaken by the government, the MPC has been cautious in flagging the risks to the trajectory for price gains. In the panel’s opinion, the main factors that could play a contributory role in furthering a fresh ‘cost spiral’ would be the higher house rent allowances mandated by the Seventh Pay Commission, the increase in minimum wages and the possible spillovers through minimum support prices. Multiple factors augur(शकुनाश) well for the outlook for both the industrial and services sectors. But the worsening trade demand could offset the gross value added (GVA) momentum, the MPC noted, while retaining the RBI’s GVA growth forecast of 7.6 per cent. That the panel has made a decisive start to rate-setting through deliberation(विवेचना) is clear; how it weathers harsher domestic and external challenges, should they emerge, remains to be seen.
1)Bolstering meaning is help ,support ,strenghten.
2)Amid meaning is among, during, between.
3)Consensus meaning is general agreement, accord, harmony.
4)Articulating meaning is clearly, coherently spoken, expressive.
5)Bleaker meaning is little or no hope.
6)Anticipated meaning is expect, predict, assume.
7)Remit meaning is diminish or abate, release from(claim,tax).
8)Lucidity meaning is free from obscurity and easy to understand, the comprehensibility of clear expression.
9)Augur meaning is indicate by signs, predict from an omen.
10) Deliberation meaning is serious thought, discussion, consideration.